Homebase Raises $20M in Series B Funding

Homebase, a Houston TX- and San Francisco, CA-based provider of software for local business owners to organize, schedule shifts, and track time for their hourly teams, raised $20m in Series B funding.

The round was led by Bain Capital Ventures, with participation from existing investors Baseline Ventures, Cowboy Ventures, Khosla Ventures, and others.

The company intends to use the funds to continue customer adoption, forge new partnerships, and further develop its products.

Led by John Waldmann, CEO, Homebase provides software to allow local businesses (restaurants, retailers, and health, beauty and other Main Street businesses) across the U.S. to manage their hourly workforce. More than 100,000 businesses use its scheduling, time tracking, team communication, and hiring platform to simplify their daily work, giving them hours back every week.

The company has also launched Homebase Hiring, which will allow business to find candidates, manage job listings, schedule interviews, and onboard employees. The entire process is managed in a single screen from a computer or phone, and once someone is hired, their personal profile can be automatically imported to the rest of Homebase for scheduling, time tracking, communication, etc. The company partners with the tools businesses rely on daily, including ADP, Clover, Gusto, Quickbooks, Square, and others.



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